December 27, 2017 / 1:49 PM / 6 months ago

BRIEF-China New Higher Education Announces Acquisition Of New School

Dec 27 (Reuters) - China New Higher Education Group Ltd :

* BEIJING DAAI CONSULTING TO ACQUIRE 56% EQUITY INTEREST IN TARGET SCHOOL SPONSOR FOR RMB183 MILLION

* ‍BEIJING DAAI CONSULTING ALSO AGREED TO GRANT LOAN OF RMB40.7 MILLION TO TARGET TO SETTLE ITS SHAREHOLDER’S LOAN​ Source text for Eikon: Further company coverage:

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